sec.123AProvisions about grant and conditions of petroleum lease for coordinated project

### sec.123A Provisions about grant and conditions of petroleum lease for coordinated project This section applies if a petroleum lease or proposed petroleum lease is for a coordinated project. The Minister must not grant the lease until the Minister has been given the Coordinator-General’s report for the project. Any Coordinator-General’s conditions for the lease must be stated in the lease. Any other condition of the lease stated under section 123 must not be inconsistent with the Coordinator-General’s conditions. If a mandatory condition for petroleum leases conflicts with any of the Coordinator-General’s conditions, the Coordinator-General’s condition prevails to the extent of the inconsistency. s 123A ins 2005 No. 57 s 6 amd 2012 No. 43 s 325 sch 2 (sec.123A-ssec.1) This section applies if a petroleum lease or proposed petroleum lease is for a coordinated project. (sec.123A-ssec.2) The Minister must not grant the lease until the Minister has been given the Coordinator-General’s report for the project. (sec.123A-ssec.3) Any Coordinator-General’s conditions for the lease must be stated in the lease. (sec.123A-ssec.4) Any other condition of the lease stated under section 123 must not be inconsistent with the Coordinator-General’s conditions. (sec.123A-ssec.5) If a mandatory condition for petroleum leases conflicts with any of the Coordinator-General’s conditions, the Coordinator-General’s condition prevails to the extent of the inconsistency.